40,000 small businesses.
Boston has a strong, impressive ecosystem of more than 40,000 small businesses. Our 20 Main Streets districts alone are home to more than 3,500 businesses and serve more than 200,000 residents, and the many other small businesses throughout Boston serve countless more.
How many businesses are in Massachusetts?
Table
Businesses | |
---|---|
Total nonemployer establishments, 2019 | 576,528 |
All employer firms, Reference year 2017 | 138,829 |
Men-owned employer firms, Reference year 2017 | 89,993 |
Women-owned employer firms, Reference year 2017 | 23,778 |
What is the main business in Boston?
The most significant industry sectors among Boston’s largest employers are Health Care, Finance and Insurance, and Higher Education. These three industries account for approximately 74% of all employment in Boston’s largest employers, or roughly 142,000 jobs across 61 companies.
Is Boston a good city for business?
Entrepreneurs from outside the county look at Boston as a world-class city perfect for starting a company. “Boston is a worldly city with a welcoming tech community; for B2B companies, it is the place to be.
What is the population of Boston 2022?
The current metro area population of Boston in 2022 is 4,327,000, a 0.28% increase from 2021. The metro area population of Boston in 2021 was 4,315,000, a 0.14% increase from 2020. The metro area population of Boston in 2020 was 4,309,000, a 0.05% increase from 2019.
What percent of Massachusetts is black?
Population (up 7.4% to 331.4 million). Race and ethnicity (White alone 61.6%; Black alone 12.4%; Hispanic 18.7%; Asian alone 6%; American Indian and Alaska Native alone 1.1%; Native Hawaiian and Other Pacific Islander alone 0.2%; Some Other Race alone 8.4%; Two or More Races 10.2%).
Is Massachusetts good for small business?
In a 2018 Small Business Friendliness Survey released by Thumbtack, it was revealed that Massachusetts ranks high among the top places to launch a new business venture and for good reason, too. Massachusetts is a state often known for its thriving entrepreneurial ecosystem, supporting startups from the ground up.
What is Boston known for?
Boston is known for its famous clam chowder, the Boston Marathon, the bar from Cheers, baseball (the Red Sox), Fenway Park and of course, baked beans. But did you know that Boston is famous also for its rich history, and that it was the birthplace of the American Revolution (Boston Tea Party, anyone)?
What is the economy of Boston?
The US average is 7.3%. – The Income Tax Rate for Boston is 5.1%. The US average is 4.6%.
Income and Salaries for Boston.
ECONOMY | Boston, Massachusetts | United States |
---|---|---|
Unemployment Rate | 6.2% | 6.0% |
Recent Job Growth | -9.1% | -6.2% |
Future Job Growth | 42.5% | 33.5% |
Sales Taxes | 6.3% | 6.2% |
What is Boston known for economically?
Higher education, health care, and financial services play a major role in Boston’s economy. An examination of Boston’s 50 largest private employers in 2010 shows that 80% are involved in these key sectors.
How many startups are in Boston?
How Many Startups Are There In Boston? There is currently more than 4000 startups based in Boston.
What is Boston famous for in business?
With such a high-quality talent pool, the state’s technology sector has flourished, alongside its education and health services which continue to employ the most people in Massachusetts. Boston made the top 10 markets in the US and Canada for technology talent, according to CBRE’s annual “Scoring Tech Talent” report.
Is Boston known for startups?
When it comes to capital, Boston has it in droves. Investors are paying attention to the promise of Boston startups – in March 2020 alone, 60 startups saw investments of more than $1.5 billion, while April 2020 saw 54 startups receiving $3.5 billion.
Is Boston a white city?
Over the last four decades, Boston has become a much more racially and ethnically diverse place. In 1970, close to 70% of Boston’s population was white. Today, whites comprise only 47% of the city’s population, making Boston a “majority-minority” city for the second consecutive Census.
What percent of Boston is black?
24.2%
Table
Population | ||
---|---|---|
White alone, percent | 52.1% | 75.8% |
Black or African American alone, percent(a) | 24.2% | 13.6% |
American Indian and Alaska Native alone, percent(a) | 0.3% | 1.3% |
Asian alone, percent(a) | 9.8% | 6.1% |
Is Boston considered a big city?
The city itself has more than twice as many people as Los Angeles, and the New York-Newark urban area is the country’s only megacity.
America’s Big Cities.
RANK | 24 |
---|---|
CITY | Boston, Massachusetts |
2020 Census | 675,647 |
2010 Census | 617,594 |
2000 Census | 589,141 |
Is Boston overpopulated?
Population Density in Boston
Boston has a density of 13,841 people per square mile (5,344/square kilometer), and Greater Boston is the 4th most densely populated region in the United States, after New York Metro Area, Greater Los Angeles, and South Florida Metro Area.
What is Massachusetts high income?
Median Household Income: $84,385. Average Household Income: $115,964. Per Capita Income: $45,555. 14.3% of Households in Massachusetts are High Income Households that make over $200,000 a year.
Is Massachusetts losing population?
Massachusetts’ total 2020 population loss, according to the IRS findings, resulted in a 0.5% decline in year-over-year comparisons. New York shed a total of 2.5% of its 2019 population the following year when all was said and done.
What’s the best state to own a business?
Scores by state
State | Rank | Total Score |
---|---|---|
Montana | 1 | 7.39 |
South Dakota | 2 | 7.05 |
Florida | 3 | 7.03 |
Texas | 4 | 6.62 |
What type of business would do best in Massachusetts?
15 Small Business Ideas in Massachusetts
- Customized Tour Services. Tourism is a major contributor to the state’s economy.
- Digital Marketing Agency. Organizations now depend more on digital advertising.
- Online Survey.
- Berry Farming & Export.
- Business Consulting Firm.
- Bed & Breakfast Business.
- Food Truck.
- Life Coaching Business.